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Emmanuelwalker Emmanuelwalker
  • 06-09-2016
  • Business
Answered

What is the difference between earned income and unearned income?

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cutiepie32
cutiepie32 cutiepie32
  • 06-09-2016

Okay, so from what I know and what I have read, earned income includes wages, salaries, tips, other forms of employee compensation, and self-employment income. Unearned income is defined as income derived from other than employment; this includes (among other things) dividends, interest, investment income, survivor annuities, and unemployment compensation. 

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